CARRAIGMORE RESOURCES GROUP LIMITED

Company Registration Number:
08709980 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

CARRAIGMORE RESOURCES GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

CARRAIGMORE RESOURCES GROUP LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 67,236,997 67,158,736
Total fixed assets: 67,236,997 67,158,736
Current assets
Stocks: 0 0
Debtors: 4 1,464,071 1,352,459
Cash at bank and in hand: 300 10,492
Investments:   0 0
Total current assets: 1,464,371 1,362,951
Creditors: amounts falling due within one year: 5 (1,728,567) (172,934)
Net current assets (liabilities): (264,196) 1,190,017
Total assets less current liabilities: 66,972,801 68,348,753
Creditors: amounts falling due after more than one year: 6 (3,510,235) (2,075,516)
Provision for liabilities: 0 0
Total net assets (liabilities): 63,462,566 66,273,237
Capital and reserves
Called up share capital: 67,165,858 69,445,858
Other reserves: (316,000) (316,000)
Profit and loss account: (3,387,292) (2,856,621)
Shareholders funds: 63,462,566 66,273,237

The notes form part of these financial statements

CARRAIGMORE RESOURCES GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 September 2025
and signed on behalf of the board by:

Name: N Stocker
Status: Director

The notes form part of these financial statements

CARRAIGMORE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

N/A

Intangible fixed assets and amortisation policy

N/A

Valuation and information policy

N/A

Other accounting policies

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

CARRAIGMORE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

CARRAIGMORE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

None

CARRAIGMORE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 907,793 796,181

CARRAIGMORE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023 Trade Creditors 226,728 110,498 Other Creditors 1,501,838 62,436

CARRAIGMORE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

2024 2023 Other creditors 2,787,735 1,353,017 Preference share liability 722,500 722,500

CARRAIGMORE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

Name of the related party: HGI Invest
Relationship:
Similar management
Description of the Transaction: Money loaned to the company
£
Balance at 01 January 2024 1,353,017
Balance at 31 December 2024 301,520